All,

Shares of Microsoft common stock are down today on the heels of their Q4
earnings report issued today:

http://sec.thomsonfn.com/sec/SecProd?pid=MzgwYlhOdVAkWQEQUALSTOEQUALSTO&transform=result&type=results&doc_type=REGST&doc_dcn=03948319&cont_format=HTML&cont_qualifier=C&doc_product=E&viewer=N#r4

Here are a few highlights:

"As a result of challenges to our business model, sales of our products
may decline, we may have to reduce the prices we charge for our
products, and our revenues and operating margins may consequently
decline. Since our inception, our business model has been based upon
customers agreeing to pay a fee to license software developed and
distributed by us."

Also...

"In recent years, there has been a growing challenge to the commercial
software model, often referred to as the Open Source model. Under the
Open Source model, software is produced by loosely associated groups of
unpaid programmers, and the resulting software and the intellectual
property contained therein is licensed to end users at substantially no
cost. The most notable example of Open Source software is the Linux
operating system. While we believe that our products provide customers
with significant advantages in security and productivity, and generally
have a lower total cost of ownership than Open Source software, the
popularization of the Open Source model continues to pose a significant
challenge to our business model, including recent efforts by proponents
of the Open Source model to convince governments worldwide to mandate
the use of Open Source software in their purchase and deployment of
software products. To the extent the Open Source model gains increasing
market acceptance, sales of our products may decline, we may have to
reduce the prices we charge for our products, and revenues and operating
margins may consequently decline."

Just thought you'd like to know.


Best,
-- 
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| Cooper Stevenson        | Em:  [EMAIL PROTECTED]            |
| General Computer        | Ph:  541.924.9434                |
| "Open For Business"     | Www: http://www.gencom.us        |
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